Wells Fargo FiNet reels in teams with over $500M

Advisers overseeing more than $500 million in combined client assets joined Wells Fargo's independent channel last month, according to a spokesman.

In the largest of several moves, JPMorgan lost two advisers to Wells Fargo Advisers Financial Network. Rajeev Dhillon and Joseph Lesko previously managed more than $253 million, according to Wells Fargo.

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They joined an existing independent practice, Capital Strategies. Capital Strategies has offices in Fort Lauderdale, Florida, New York and San Francisco.

A spokeswoman for JPMorgan declined to comment on their departure.

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In Pittsburgh, UBS advisers Sanjit Khara and James Marcus left the wirehouse to join Heritage Financial Partners, an independent firm affiliated with Wells Fargo FiNet.

Khara and Marcus previously oversaw more than $173 million in client assets, according to Wells Fargo. They joined Heritage Financial Partners, an independent firm affiliated with Wells Fargo FiNet.

Marcus had worked at UBS since 1986, according to FINRA BrokerCheck records. Khara had been with the wirehouse since 2004.

A UBS spokesman was not immediately available for comment.

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As managing director and lead of Kotter's European practice, Nick Petschek draws on his wide skill set to help organizations formulate and achieve their strategy and culture goals. Nick aids clients in surfacing the delta between organizational aspirations and reality, closing that gap together. His career journey has been one of constant curiosity and learning. From the awe-inspiring circus to the nimble world of unicorn startups, to the process-oriented United Nations, he has tackled challenges related to telling a compelling story and envisioning a new future, scaling, sustainability, and culture transformation. His clients have ranged in size and industry, with a focus on technology and government.

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Edward Jones adviser Christopher Coffman joined Arkfeld Wealth Strategies, which is affiliated with Wells Fargo FiNet. Coffman, who is based in Omaha, Nebraska, oversaw $45 million in client assets while at Edward Jones, according to Wells Fargo.

He had been with the firm for 11 years.

An Edward Jones spokesman was not immediately available for comment.

Eric Cownie, an adviser based in Mars, Pennsylvania, joined Wells Fargo FiNet's Becker Financial Group. He oversees $50 million in client assets, according to Wells Fargo.

Cownie had been registered with Mercer Allied, according to BrokerCheck records.

Wells Fargo's FiNet current has more than 1,300 financial advisors.

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Career moves Recruiting Wirehouses Wirehouse advisors Independent BDs Wells Fargo Wells Fargo Advisors Financial Network UBS Edward Jones J.P. Morgan Securities
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